#31
New Neighbour
Join Date: Jan 2012
Posts: 11
Haha, nice statistic. For the individual it's really interesting, but as others pointed out, it doesn't work for everybody
If you look at
apple's statistics over the years the trend is still on their side. So instead of your next apple product you might want to think about some shares ;-)
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#32
Honourable Citizen
Join Date: Oct 2006
Location: Sherwood Park, AB
Posts: 6,163
Yah, I'd say the trend has been pretty consistent over the last few years...
__________________"I am disappointed and deeply concerned that there is no objective evidence to support my position. So far." His: Intel iMac 20" 2.16 / Macbook 2.1 GHz / 8GB iPod Nano / 2GB iPod Nano / iPod Touch / iPhone 3GS / iPhone 4S
#33
Full Citizen
Join Date: Aug 2003
Location: Cabral, Dominican Republic
Posts: 461
Don't forget to adjust for the increase if the loonie. In my case would eat up almost %50 the profits. Still a good return though.
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#34
Full Citizen
Join Date: May 2009
Posts: 707
Quote:
Originally Posted by
Glipt
Don't forget to adjust for the increase if the loonie. In my case would eat up almost %50 the profits. Still a good return though.
I like your level of caution.
#35
Full Citizen
Join Date: Feb 2006
Location: Toronto
Posts: 420
Apple hit an all time new high today at $460.....guys not to late to still buy in the company that we all admire, Apple is greatly under valued...by end of Feb. I'm predicting it to hit at $500...........
#36
Honourable Citizen
Join Date: Feb 2001
Location: Goose Bay, Labrador, Canada
Posts: 4,672
As much as I'd love to buy in, $460 a pop eliminates any such move. I got one kid going into college and another on the way. Should have thought about this around 20 years ago! I remember back in 1980 when I lived in Seattle, hearing about a guy named Bill Gates and crazy ideas about computers. I had a few thousand back then I could've let go, but I had no clue of what a computer really was. I was only 19 at the time and my thoughts were far from any such technology.
#37
Full Citizen
Join Date: Jun 2006
Location: Halifax, NS
Posts: 347
Quote:
Originally Posted by
csonni
$460 a pop eliminates any such move.
Check with your broker; long-gone are the days where you needed to buy lots of 100 shares at a time. Just focus on the % increase.
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#38
Full Citizen
Join Date: Jan 2003
Location: Toronto
Posts: 213
Apple is now brushing up against $500. Which makes it worth more than Microsoft and Google combined!
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#39
Vorlon Ambassador
Join Date: May 2002
Location: Ottawa
Posts: 5,198
Yeah I saw that. My investment fund (where my Apple shares are) is doing better than my RRSP fund.
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#40
Honourable Citizen
Join Date: Oct 2006
Location: Sherwood Park, AB
Posts: 6,163
I think we may see $500 today. And at the moment, Apple is worth $60 billion more than Exxon. It was only $45 billion ahead three hours ago.
__________________"I am disappointed and deeply concerned that there is no objective evidence to support my position. So far." His: Intel iMac 20" 2.16 / Macbook 2.1 GHz / 8GB iPod Nano / 2GB iPod Nano / iPod Touch / iPhone 3GS / iPhone 4S
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IronMac Anything Mac 116 Jun 8th, 2005 01:54 AM
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